It is. The requirements of the MR environment make it a lot more difficult than CT though. For example a tubed patient is harder to manage in MR than CT, and while this is done regularly it isn't as easily done as CT.
You are probably aware, but there are 5 minute protocols (Siemens call their one a “go brain”) that are pretty reasonable, and probably not far off a gold standard routine protocol 10 years ago.